Waterfront House with Deep Water Dock

$749,000
4
3
4,598
sq. ft.
$163
per sq ft
Heated sq ft: 2,752 sq ft
Avg Nightly Rate: $315
Home Legally Sleeps: 11
Occupancy Rate: 38 weeks
Annual Gross Income : 74829
Annual Net Operating Income : 34900
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: No
Niche: Beach, Pet Friendly
New Construction: Inquire
Days on Vrolio: 220

Property Description

Spacious comfortable house waterfront house with amazing views! Island Oasis is a 3/2.5 stilt house with a 1/1 apartment on the ground level. It is a perfect house for extended family to vacation if they need 2 apartments or you can rent the out separately or keep the small apartment (with a separate entrance) as an owner's retreat! The house is located on St. George Island, FL (on Florida's Forgotten Coast) It is 1.5 hours from Tallahassee and Panama City. The house has amazing views of the bay from all rooms. Being the house faces west, the sunsets are gorgeous!! Island Oasis is a very spacious home and is being sold fully furnished. The master bedroom on the main level features a king bed and attached bathroom with walk in shower. Walk out of the master bedroom to an extra large deck with amazing views of the bay. The 2nd and 3rd bedrooms are on the 2nd floor along with another full bathroom with a tub/shower combo. One of the bedrooms has a king bed and a sleeper chair and the other has a queen bed. All bedrooms are very spacious and there is another renovated 1/2 bathroom on the main floor. At Island Oasis, we provide a pack and play for our small guests and a dog crate for the furry ones! The living space on the main level has an open floor plan and includes a large well equipped kitchen, dining room with seating for 9, spacious living room with a wood burning fire place and a family room with 4 person air hockey, foos ball game and fabulous water views. There is a half bath on this level and a laundry room with a full size washer and dryer. The kitchen features full size new appliances including a wall oven and a 6 burner professional gas cook top. In addition there are plenty of pots, pans, cooking utensils, dinnerware, serving platters, glassware, etc that will convey. The separate apartment is on the ground level. It has a bedroom with a queen bed, living room and efficiency kitchen. There are hookups for a washer/dryer and range. There is plenty of room and seating on the oversized decks for dining al fresco or lounging on a chaise or rocker while taking in the view. Your guests can watch the pelicans and dolphins without leaving the house! The downstairs game room features pool table and hot tub and it is next to a 25' x 13' private above ground swimming pool. There is a private dock with water and a fish cleaning sink as well as a bench for fishing from the dock or just relaxing on the water!! The house sits on 1/3 of an acre. the back yard is fenced and has a park style covered grill. Metal Roof replaced in 2020; 2 ACs replaced 2020; New impact windows and doors, new appliances, new hot water heater and many other new/renovated items. Island Oasis is located in a quiet area, only minutes to restaurants, shopping and the St. George Island light house. Beach access is a 2 blocks away. It has a great rental income. St. George Island has year round bookings and is an extremely sought after destination. There are no high rise buildings (nothing taller than 3 stories is allowed), chain restaurants or big box stores. It is "old Florida", dog friendly and a perfect getaway!

Presented by:
Owner:
lucinda roenicke
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 450
Low: 265
Peak: 470
Special Event: 0
Avarage: 315.00
Furniture Age
2
Est Value of Furnishings
$20,000
Peak & High Seasons
March, April, May, June, July, August, September, October
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
We own 8 vacation properties that we self manage and want to down size. We sold one of our cabins this year - which helped a bit, but not enough!
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
74829
Net Operating Income
34900
Stories
3
Additional Indoor Rooms
Attached In Law Suite, Family Room, Formal Dining Room, Game Room, Living Room, Master Suite Down, Other
Appliances
Dishwasher, Dryer, Electric appliances, Gas appliances, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Wood Burning Fireplace
Floor Coverings
Tile
Security
No
Security Description
Half Baths
1
Master Suite(s)
Inquire
Energy Efficiency
Double pane-low emissivity windows, Energy Star appliances
Year built
1986
Outdoor Features
Above Ground Spa, Deck, Dock, Fenced/Gated Yard, Porch - Not screened, Walk Out Balcony, Other
View
Ocean
Backyard Exposure
West
Lot Size
1/3 acre
Community Features
Tax Amount/Year
$4,280
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Mandatory HOA
Inquire
Home Legally Sleeps:
11
Onsite Parking
large paved driveway. Carport under house.
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$0.09
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
2 Years
Occupancy Rate
38
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner
Managed By
Owner
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
 
  •  
Credit Card Fee
$0.03
Cleaning Fee
$130.00
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
$1,445.00
Yard & Pest Control (Annual)
$1,219.00
Pool & Spa Maintinence (Annual)
$2,880.00
Electricity (Annual)
$4,224.00
Water/Sewer (Annual)
$1,169.00
Cable/Interbet (Annual)
$1,555.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$4,280.00
Homeowner's Insurance (Annual)
$5,556.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
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